Objective
Seeks a high level of current income consistent with growth of capital.
Overview
A quality, dividend-focused fund that seeks to take advantage of the resilience of great franchises trading at attractive valuations.
The portfolio managers are supported by the full resources of Wellington.
Performance
Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted.
SI = Since Inception.
Fund Inception: 07/22/1996
Share Class Inception: 8/31/06.
Class I-share performance prior to its inception date reflects Class A-share performance (excluding sales charges) and operating expenses. SI performance is calculated from 7/22/96.
Characteristics
# of Holdings | 72 |
% in Equities | 97 |
% in Foreign Equities | 10 |
Beta (3 year) | 0.86 |
R Squared (3 year) | 0.88 |
Standard Deviation | 16.54% |
Turnover- (3/31/2023) | 24% |
Active Share | 67% |
Dividend Frequency | Quarterly |
FUND | S&P 500 Index | |
---|---|---|
Price/Earnings | 13.6x | 16.7x |
Price/Book | 3.3x | 4.3x |
EPS Growth Rate | 10.2% | 11.7% |
Asset Weighted Market Cap (billions) | $427.1 | $571.3 |
Return on Equity | 31.7% | 35.1% |
Median Market Cap (billions) | $102.9 | $30.5 |
30-Day SEC Yield | 1.35 |
Unsubsidized 30-Day SEC Yield
|
1.35 |
Less than $2 billion | 0 | |
$2 billion - $5 billion | 0 | |
$5 billion - $10 billion | 0 | |
Greater than $10 billion | 100 | |
Not Classified | 0 |
Alpha (5 Year)
|
0.04 |
Down Capture (5 Year)
|
90.48 |
Information Ratio (5 Year)
|
-0.17 |
Sharpe Ratio (5 Year)
|
0.57 |
Up Capture (5 Year)
|
90.71 |
FUND |
BENCHMARK | UNDERWEIGHT / OVERWEIGHT | |||||
---|---|---|---|---|---|---|---|
3/31/23 | 4/30/23 | 4/30/23 | -8 0 8 | ||||
Financials | 17 | 17 | 13 | ||||
Health Care | 17 | 17 | 14 | ||||
Communication Services | 9 | 9 | 8 | ||||
Industrials | 9 | 9 | 8 | ||||
Energy | 6 | 6 | 5 | ||||
Utilities | 4 | 4 | 3 | ||||
Real Estate | 4 | 4 | 3 | ||||
Consumer Staples | 7 | 7 | 7 | ||||
Materials | 3 | 3 | 3 | ||||
Consumer Discretionary | 6 | 5 | 10 | ||||
Information Technology | 18 | 18 | 26 |
Distribution Date | Distribution NAV | ordinary income | short term capital gains | long term capital gains | total distribution |
---|---|---|---|---|---|
3/29/2023 | 28.70 | $0.1121 | $0.0000 | $0.0000 | $0.1121 |
12/28/2022 | 28.78 | $0.1749 | $0.0000 | $0.0000 | $0.1749 |
12/12/2022 | 30.04 | $0.0000 | $0.0762 | $1.2974 | $1.3736 |
9/28/2022 | 28.25 | $0.0958 | $0.0000 | $0.0000 | $0.0958 |
6/28/2022 | 29.71 | $0.0836 | $0.0000 | $0.0000 | $0.0836 |
Insights
Fund Literature